Playing PulteGroup Stock as Fed's Rate Cut Sparks Housing Boost

As the Federal Reserve announced its long-anticipated rate cut, markets are abuzz with the potential impact on the housing sector. PulteGroup Inc. (PHM) , a leading U.S. homebuilder, finds itself at an intriguing juncture as investors speculate how this policy shift might influence housing demand, construction activity, and ultimately, PulteGroup’s stock performance.The Federal Reserve announced a quarter-point reduction in its benchmark interest rate yesterday, lowering it to a range of 4.5% to 4.75%. This ...